Proven Realty brokered by Exp Realty is a full-service real estate company with boots on the ground in North Dakota. We are committed to providing you the highest level of customer service!

North Dakota News

What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Here’s What Homebuyers Can Expect

To find out, we asked experts what lower mortgage rates could mean for the housing market—in terms of home prices, the number of homes for sale, and beyond. Here’s what homebuyers can expect, and how they can prepare to make the most of this opportunity once lower rates hit.

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What to know about buying a house in North Dakota

Good news if you’re a North Dakota first-time home buyer: Both home prices and home price inflation in the state are significantly lower than nationwide averages.

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Welcome To The Team!

Are you looking for a team to support your real estate ambitions? Then look no further, give Proven Realty a call and let us help you.

Discover the Spectacular Success of Proven Realty

Experience the remarkable journey of Proven Realty, turning aspirations into realty in the world of real estate. Our commitment to excellence has led to unmatched growth and results. Discover captivating residential gems and lucrative investment avenues.

Connect with us at (701) 369-3949 or email Erik@ProvenRealtyND.com to explore our services. Visit Search.ProvenRealtyND.com to find your dream property.

Join us and discover the Proven Realty difference today.

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JOIN OUR TEAM!

Are you considering joining eXp? Call Proven Realty before you do and find out how we can help you take your business to the next level. We offer unparalleled benefits for our agents, including full service operational support. This includes transaction management, marketing services, three executive partners, Inside Sales Agents, and a dedicated team of professionals you will soon call family. Find out yourself what Proven Realty, brokered by EXP can mean to your real estate career! Our EXPERIENCE speaks volumes: All Real Estate Types mastered, over 9 years of real estate experience. Impeccable SERVICE with a powerhouse Team of 25+ Real Estate Professionals. RESULTS that matter: Over 800+ Closed Transactions and counting. Licensed in North Dakota & Montana, we bring expertise to your doorstep. We love helping people and companies with the biggest decisions of their lifetime.

Proven Realty Monthly Sales Update

We are delighted to present our latest update for February 2024 at Proven Realty. Throughout the month, we successfully closed 10 transactions, resulting in a remarkable total sales volume of $3,021,809. These achievements mark an auspicious beginning to the year, contributing to a cumulative total of 29 transactions and $6,954,894 in sales so far. We extend our sincerest gratitude for your unwavering trust and support, which have played a pivotal role in propelling us toward continued success within the dynamic real estate landscape. Your ongoing partnership remains essential as we strive towards a future brimming with prosperity. Thank you for being an integral part of our journey.

Bakken Update

Erik Peterson

As we fight off another winter storm, we at Proven Realty, brokered by eXp are thrilled to share some exciting news! We've kicked off the year with incredible momentum, and we couldn't have done it without your continued support and trust.

We're excited to announce the expansion of our Operations Team with the addition of two superstars:

Kristian: Our new Social Media and Graphics Guru. Kristian brings a wealth of experience and creativity to the table. He'll be crafting engaging content and stunning visuals to elevate our brand presence and help maximize client's property exposure.

Nessa: As our Customer Service Specialist, Nessa joins us with a passion for building relationships and exceeding client expectations. She'll be helping set up property searches.

Kristian and Nessa are eager to contribute their expertise and join our dedicated team in delivering exceptional service to you. We're confident their addition will further strengthen our ability to serve your needs and achieve your goals.

Looking Ahead:

The North Dakota real estate market is experiencing a unique situation. While home values have appreciated significantly over the past few years (up to 17.9% since the pandemic), recent months have seen a decrease in home sales (down 6.2% year-over-year). This is attributed to a combination of factors, including rising interest rates and a limited inventory of available properties.

This situation presents both challenges and opportunities for buyers and sellers.

Sellers: While competition from other sellers may be lower due to the limited inventory, rising interest rates may impact the pool of potential buyers and influence pricing strategies.

Buyers: Although finding a property may be easier due to more listings hitting the market, affordability may be a concern due to rising interest rates.

Our team is here to help you navigate these market dynamics. Whether you're considering buying or selling in North Dakota or eastern Montana, we can provide you with the latest market insights, expert guidance, and personalized strategies to achieve your real estate goals.

We're energized by the positive start to the year and the potential that lies ahead. We remain committed to providing you with the highest quality service, innovative solutions, and unwavering support. Please consider us for your next real estate move.

Announcement

Check out our new Buyer's and Seller's Guides

Residential

Industrial/Commercial/Land

Office Space available for immediate occupancy

Call today for a tour! (701) 369-3949

Harvest Plaza

Landmark Building

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We're dedicated to helping you make informed decisions and optimize your real estate equity and profits. What makes it even more exciting? We want to hear from YOU! Share your feedback, questions, and ideas to enhance this series and make it even more valuable. Your input matters.

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Erik Peterson is a distinguished figure in the real estate industry, wielding a Master's in Business Administration and holding a license since 2015. His remarkable career is punctuated by notable achievements, including the prestigious eXp Three Diamond ICON Award and his three-time recognition as an eXp ICON recipient.

With a stellar track record of over 800 successful closings, Erik's expertise is unrivaled. Serving on the eXp Agent Advisory Council from 2023 to 2025, he plays a pivotal role in shaping industry standards and best practices.

Erik's leadership extends to his role as the head of a top-performing team, which has garnered numerous accolades such as the #1 eXp Team in North Dakota and multiple Best of Williston awards. His commitment to excellence and dedication to client success continue to define him as a leader in the field.

Proven Realty Team

Meet the Team!

Erik C. Peterson

Founder, Broker, MBA

Erik Peterson is the founder of Proven Realty and brings extensive experience to the market. To date, Erik has negotiated on over $400 million worth of real estate in the Bakken. These various projects include industrial shops, retail, office, residential, man camps, and development projects. He also has worked closely with planning & zoning departments, engineers, architects, contractors, and developers.